Key Points
- CEO Douglas Herrington sold 3,741 Amazon shares at an average price of $262.76, generating approximately $983,000. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan and reduced his direct ownership by 0.79%.
- Amazon reported quarterly earnings of $5.75 per share and revenue of $200.61 billion, exceeding analyst expectations. Revenue increased 19.6% year over year, with a reported net margin of 17.44%.
- Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $322.56. Recent company developments include expanding drone delivery, accelerating AWS and AI growth, and increasing a Louisiana infrastructure investment to approximately $18 billion.
Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 3,741 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $262.76, for a total transaction of $982,985.16. Following the completion of the sale, the chief executive officer directly owned 467,138 shares of the company's stock, valued at $122,745,180.88. The trade was a 0.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amazon.com Stock Performance
Shares of AMZN stock opened at $265.84 on Thursday. The stock has a market capitalization of $2.87 trillion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 1.73 and a beta of 1.45. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The stock's 50-day moving average price is $249.09 and its 200 day moving average price is $239.06. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.
Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion during the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same period last year, the firm earned $1.68 EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current year.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on AMZN. Mizuho set a $330.00 price objective on shares of Amazon.com and gave the company an "outperform" rating in a research note on Friday, July 31st. New Street Research lifted their target price on shares of Amazon.com from $280.00 to $350.00 and gave the company a "buy" rating in a report on Monday, May 4th. TD Cowen reaffirmed a "buy" rating and issued a $350.00 target price (up from $340.00) on shares of Amazon.com in a report on Friday, July 31st. Guggenheim reissued a "buy" rating and set a $320.00 price target (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Finally, Citizens Jmp reissued a "market outperform" rating and set a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $322.56.
View Our Latest Research Report on Amazon.com
Amazon.com News Roundup
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Prime Air expansion: Amazon plans to expand drone delivery to nearly 500 U.S. cities and towns by year-end, roughly six times its current coverage. Packages weighing up to five pounds could arrive in as little as 30 minutes, strengthening Amazon’s delivery advantage and offering a potential long-term efficiency benefit. Amazon to expand drone service to nearly 500 cities
- Positive Sentiment: AWS and AI momentum: AWS reportedly grew 37% year over year to $42.2 billion in the latest quarter, its fastest expansion in 18 quarters, while its AI business surpassed a $25 billion annualized revenue run rate. Investors view the reacceleration as evidence that heavy AI spending is translating into cloud demand. Amazon's AI business passed a $25 billion run rate
- Positive Sentiment: Large infrastructure commitment: Amazon increased its planned investment in northwest Louisiana from $12 billion to approximately $18 billion, adding a third data-center campus and funding power and water infrastructure. The move signals confidence in sustained AWS demand and helps secure scarce electricity capacity for future growth. Amazon Plugs $18B Into the Southern Power Grid
- Positive Sentiment: Anthropic exposure: Amazon’s investment in Anthropic could become substantially more valuable if the AI company achieves the reported IPO valuation. Anthropic’s growth also supports AWS through cloud-hosting commitments and demand for Amazon’s Bedrock platform. Amazon's Stake in Anthropic Could Be Worth Over $400 Billion
Institutional Investors Weigh In On Amazon.com
Several institutional investors have recently made changes to their positions in AMZN. Trust Asset Management LLC grew its position in Amazon.com by 3.3% during the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant's stock worth $26,000 after buying an additional 3,414 shares during the period. Bard Associates Inc. acquired a new stake in shares of Amazon.com during the 2nd quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Amazon.com during the 2nd quarter valued at approximately $33,000. MilWealth Group LLC boosted its stake in shares of Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock worth $41,000 after acquiring an additional 79 shares in the last quarter. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com during the 4th quarter worth approximately $45,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
About Amazon.com
(
Get Free Report)
Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.
Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.
Further Reading
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